left arrow Jul 02, 2026

Waterways Leisure Tourism Limited on its IPO, which was undertaken by way of a fresh issue of equity shares, for an amount aggregating to INR 5,850 million.

AZB & Partners represented Waterways Leisure Tourism Limited on its IPO, which was undertaken by way of a fresh issue of equity shares, for an amount aggregating to INR 5,850 million.

This is the first IPO by a company in the Indian cruise industry.

The book running lead manager to the IPO was Centrum Broking Limited.

The deal team comprised our Senior Partners, Varoon Chandra and Lionel D’Almeida; our Partner, Rahul Aggarwal; our Senior Associate, Tanaiy Tewari; and our Associates, Shivani Singh, Saket Pathak and Khyati Basant.

Congratulations to the team involved in this transaction.

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